News Headline Summary
Lynas Corp (LYC AT) says the journey has been long and will have a very strong balance sheet after capital raising
- Phase 2 construction is now 76% complete.
- Moving towards full production capacity by H2 CY 2013.
- First sales from Malaysia plant in Q1 2013.
- Co. shares rise 3.9% to AUD 0.66 in Sydney.
22:15, 19 Nov 2012 -
Subscribe Now to RANsquawk
Click here for a 1 week free trial
RANsquawk provides audio news and commentary for over 15,000
professional traders and brokers worldwide. Services include:
Real-time audio coverage from 0630 to 2130 London time
Teams of analysts covering equities, fixed income, FX and energy markets
Real-time scrolling news service
Daily and weekly pre-market research and calendars
Intra-day market update videos
Daily technical analysis